Henderson, Nevada may have a relatively low risk of natural disasters, but there is still a possibility of needing a solid homeowners insurance policy to pay for damage caused by a wildfire or other unexpected losses.
Fortunately, the average cost of homeowners insurance in Henderson is only $1,183 per year or $99 a month. This is around 1% lower than the Nevada average of $1,191 per year, and about 33% lower than the national average of $1,754.
Compare the best cheap homeowners insurance companies in Henderson
To find the best cheap homeowners insurance in Henderson, Policygenius rated over a dozen of the largest insurance companies in Nevada across several categories, such as average policy cost, financial strength ratings with AM Best, customer and claims satisfaction scores with J.D. Power, available policy options, and more.
Company | Average monthly cost | Policygenius rating |
|---|---|---|
$99 | 4.8 out of 5 | |
$80 | 4.5 out of 5 | |
$102 | 4.5 out of 5 | |
$105 | 4.4 out of 5 | |
$150 | 4.3 out of 5 |
2024 Policygenius award winner
State Farm
4.8
Bundle home & auto
Offers extended replacement cost
All 50 states
Why we chose it
State Farm home insurance scores a near-perfect 4.8 out of 5 thanks to its slew of coverage add-ons, high marks on J.D. Power’s customer satisfaction surveys, and strong financial stability ratings.
Pros and cons
Pros
Save up to $1,127 per year when you bundle your home and auto insurance
Excellent line-up of policy add-ons, including extended replacement cost coverage
Cons
No longer sells home insurance policies in California
20% more complaints filed with the NAIC than other companies of its size
More details
Why State Farm is one of our top picks
At a time when lots of competitors are no longer insuring homes in areas prone to wildfires or hurricanes, State Farm continues to offer its relatively affordable and highly rated home insurance to homeowners in every corner of the country.
And it doesn't skimp on coverage, offering flood, wildfire, and earthquake protection — one of few competitors that offers all three insurance policies to homeowners in high-risk states nationwide.
Plus, while many competitors don't have the financial strength to pay out claims after several natural disasters in the same year, State Farm isn't one of them. It earns the highest rating possible from A.M. Best for financial strength and stability — only six insurance companies out of nearly 70 we reviewed hold this title.
How much does State Farm home insurance cost compared to the Henderson average?
A State Farm home insurance policy in Henderson costs an average of $1,187 per year.
In comparison, the average cost of home insurance in Nevada is $1,191 per year, according to sample quotes provided to Policygenius from Quadrant Information Services. This is less than the national average of $1,754 per year.
How to get a quote
Online through State Farm or by contacting your local State Farm agent.
2024 Policygenius award winner
American Family
4.5
Offers extended replacement cost
Offers flood insurance
Bundle home & auto
Why we chose it
American Family home insurance has industry-best coverage options, high customer service ratings, and several discounts to compliment its already affordable rates, making it a great option in the 19 states where it’s available.
Pros and cons
Pros
Affordable rates and 11 available discounts
Ranked #2 in J.D. Power’s 2022 U.S. Home Insurance Study
Diminishing deductible feature to lower out-of-pocket claim costs
Cons
Only available in 19 states
Offers online quotes, but requires talking to an agent to complete the process
More details
Why American Family is one of our top picks
When it comes to both the breadth and quality of home insurance policy options, there are few companies in the same league as American Family.
Choose from three comprehensive policy tiers with various levels of protection, or customize a policy to your liking with up to 15 additional coverage options, including inland flood, equipment breakdown, and service line coverage.
We especially like its rare diminishing deductible feature that takes $100 off your policy deductible each year you go without filing a claim — a perk few competitors offer.
While it only writes homeowners insurance in 19 states, American Family is the seventh largest home insurer in the United States — which indicates it’s a popular option in the places it operates.
How much does American Family home insurance cost?
The average American Family home insurance policy in Henderson is $961 per year, a little less than the state average.
In comparison, the average cost of home insurance in Nevada is $1,191 per year, according to sample quotes provided to Policygenius from Quadrant Information Services.
How to get a quote
Online with American Family agent
2024 Policygenius award winner
Farmers
4.5
Offers extended replacement cost
Bundle home & auto
Smart home discounts
Why we chose it
Along with saving around 20% when you bundle your home and car insurance, Farmers also gives you access to its extensive suite of discounts, unique policy credits, and claim-free incentives that help put money back in your pocket.
Pros and cons
Pros
Above-average property claims satisfaction rating with J.D. Power
Extended and guaranteed replacement cost for your home
Shave $50 off your deductible each year you’re with Farmers
Cons
Below-average scores on J.D. Power’s digital experience survey
More details
Why Farmers is one of our top picks
Farmers home insurance stands out against competitors thanks to the slew of discount opportunities and policy perks available.
It offers 17 home insurance discounts — its competitors average just seven — and policy perks that aren't easy to come by, including:
Declining deductibles: Earn $50 toward your home deductible each year you have a home insurance policy with Farmers.
Claim forgiveness: Once you’ve gone five years without filing a claim, Farmers won’t raise your rate after that if you end up filing one.
Even more, depending on your state of residence, you can save up to 45% on your auto insurance and up to 34% on your home insurance when you bundle policies, according to farmers.
How much does Farmers home insurance cost in Henderson?
The average Henderson home insurance policy through Farmers is $1,227 per year.
In comparison, the average cost of home insurance in Nevada is $1,191 per year, according to sample quotes provided to Policygenius from Quadrant Information Services. This is much less than the national average of $1,754 per year.
How to get a quote
Online through Farmers
2024 Policygenius award winner
Allstate
4.4
Bundle home & auto
Smart home discounts
All 50 states
Why we chose it
Whether you’re looking for bare-bones coverage on the cheap or a more comprehensive policy package with additional coverages and features like short-term rental coverage and deductible rewards, you’ll likely be able to find it with Allstate.
Pros and cons
Pros
High-quality and flexible policy options
Numerous discounts and features that help you save
Below-average customer complaints
Cons
No longer sells home insurance policies in California
Below-average digital experience rating with J.D. Power
More details
Why Allstate is one of our top picks
If you rent out your property through a short-term rental service like Airbnb and a guest destroys or steals your property, Allstate’s HostAdvantage will pay up to $10,000 per rental host period to replace or repair your property.
And the best part? This coverage can be added directly onto your home insurance policy for a small additional fee. To put this into context, only about one-third of the nearly 70 home insurance companies we reviewed even offer home-sharing coverage at all.
How much does Allstate home insurance cost compared to the Henderson average?
The average cost of an Allstate home insurance policy in Henderson is $1,264 per year.
In comparison, the average cost of home insurance in Nevada is $1,191 per year, according to sample quotes provided to Policygenius from Quadrant Information Services.
How to get a quote
Online through Policygenius or Allstate, or by contacting a local Allstate agent.
2024 Policygenius award winner
AAA
4.3
New homebuyer discount
Mobile app
Bundle home & auto
All 50 states
Offers earthquake insurance
Offers flood insurance
Offers extended replacement cost
Why we chose it
AAA lands the top spot for new homeowners thanks to its new homebuyer discount that offers average savings of around 37% off your home insurance rates and robust coverage add-ons to ensure your new home is fully protected.
Pros and cons
Pros
Affordable rates, plus 15+ home insurance discounts available
20+ policy coverages and add-ons — including flood and earthquake insurance
Slew of other perks and discounts that come with AAA membership
Cons
AAA membership required to purchase home insurance
Coverages, discounts, and claims experience will vary by the regional AAA auto club you receive insurance through
Below-average customer satisfaction scores — and 4 times more NAIC complaints than similar home insurance companies
More details
Why AAA is one of our top picks for homeowners
AAA takes the cake for new homeowners thanks to its steep new homebuyer discount that offers average savings of around 37% off your home insurance rates — far beyond what we've seen with competitors in our analysis.
You'll also save even more if you bought a brand-new home, purchased your policy before it needs to go into effect, or have an active AAA membership.
We also like AAA for new homeowners thanks to its stellar selection of coverage add-ons to insure your new home is fully protected, including extended replacement cost coverage for your home, replacement cost coverage for your personal belongings, water damage protection, flood insurance, earthquake coverage, and more.
How much does AAA home insurance cost in Henderson?
The average cost of home insurance with AAA if you're a homeowner in Henderson is $1,797 per year, according to sample quotes provided to Policygenius from Quadrant Information Services.
How to get a quote
Online with AAA
Methodology & why you can trust our rates
Policygenius has analyzed home insurance rates provided by Quadrant Information Services in March 2022 for ZIP codes in all 50 states plus Washington, D.C., for a 40-year-old female homeowner with no claim history, good credit, a $1,000 deductible, and the following coverage limits:
Dwelling: $300,000
Other structures: $30,000
Personal property: $150,000
Loss of use: $60,000
Liability: $300,000
Medical: $1,000
All rates based on the above coverage limits except where otherwise noted.
Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs. Your actual quotes may differ.
How much is homeowners insurance in Henderson?
The average cost of home insurance in Henderson is $1,183 per year, or $99 a month, for a policy with $300,000 in dwelling coverage. This is around 1% cheaper than the average annual cost of $1,191 for homeowners insurance in Nevada, and about 33% lower than the national average.
Henderson home insurance rates by ZIP code
Home insurance rates can vary substantially depending on which ZIP code your home is located in, as homes in certain Henderson neighborhoods may be more prone to extreme weather damage or property crime than others.
To help you find out how much home insurance costs where you live, we calculated average home insurance rates by ZIP code in Henderson.
ZIP code | Average annual cost | Difference from state average (%) |
|---|---|---|
89052 | $1,108 | -7% |
89074 | $1,204 | 1% |
89014 | $1,209 | 2% |
89015 | $1,168 | -2% |
89012 | $1,132 | -5% |
89002 | $1,163 | -2% |
89011 | $1,211 | 2% |
89044 | $1,261 | 6% |
Cheapest ZIP codes for home insurance in Henderson
With an average home insurance rate of $1,108 per year, the 89052 ZIP code is the most affordable area for home insurance in Henderson.
ZIP code | Average annual cost | Difference from state average (%) |
|---|---|---|
89052 | $1,108 | -7% |
89012 | $1,132 | -5% |
89002 | $1,163 | -2% |
89015 | $1,168 | -2% |
Most expensive areas for homeowners insurance in Henderson
With an average annual premium of $1,261, the 89044 ZIP code is the most expensive ZIP code in Henderson for home insurance. If you live one of these ZIP codes, your rates might be among the highest in the city.
ZIP code | Average annual cost | Difference from state average (%) |
|---|---|---|
89044 | $1,261 | 6% |
89011 | $1,211 | 2% |
89014 | $1,209 | 2% |
89074 | $1,204 | 1% |
Learn more >> Home insurance rates by ZIP code
Henderson home insurance costs by coverage amount
Along with your home's location, your homeowners insurance premiums are primarily based on how much dwelling coverage is in your policy. This is the centerpiece of your home insurance coverage, covering the cost to repair or rebuild your home after a covered disaster.
Here are the average rates for homeowners insurance based on coverage amount.
Dwelling coverage limit | Average annual cost |
|---|---|
$100,000 | $622 |
$200,000 | $933 |
$300,000 | $1,183 |
$400,000 | $1,499 |
$500,000 | $1,860 |
Henderson home insurance costs by deductible amount
Your home insurance deductible is the amount you’re responsible for paying on each claim before insurance kicks in to help cover the cost of repairing or replacing your property. A higher deductible means lower insurance premiums, but it also means you're responsible for paying more out of pocket when you file a claim.
Here are the average rates for homeowners coverage by deductible amount.
Deductible | Average annual cost |
|---|---|
$500 | $1,185 |
$1,000 | $1,160 |
$2,000 | $1,039 |
Cheapest homeowners insurance companies in Henderson
Based on our analysis, Auto-Owners Insurance, USAA, and American Family are the three cheapest home insurance companies in Henderson, with average premiums citywide ranging from $920 to $961 per year.
Company | Average annual cost |
|---|---|
$920 | |
$955 | |
$961 | |
Universal Group | $974 |
$1,187 | |
$1,227 | |
$1,255 | |
$1,264 | |
$1,797 | |
$2,052 |
Cheapest home insurance in Henderson if you have poor credit
A bad credit score does more than just cost you a few dollars in late payment fees — it can also make your auto and home insurance rates thousands of dollars higher.
Here are the average rates for homeowners insurance for Henderson residents with poor credit.
Company | Average annual cost |
|---|---|
Universal Group | $1,319 |
American Family | $1,382 |
Auto-Owners Insurance | $1,523 |
USAA | $1,669 |
Farmers | $1,815 |
Nationwide | $1,858 |
Allstate | $2,033 |
State Farm | $2,035 |
Country Financial | $2,933 |
AAA | $5,578 |
Cheapest home insurance in Henderson if you have an older home
Insurance carriers consider older homes to have a higher risk of damage or loss compared to newer homes since they're constructed with older and more difficult to replace materials. Additionally, certain structural components in older homes, like the roof or plumbing systems, may not be up to code.
Here are the average homeowners insurance rates for Henderson residents with older homes.
Company | Average annual cost |
|---|---|
Auto-Owners Insurance | $872 |
USAA | $940 |
Universal Group | $974 |
American Family | $1,001 |
State Farm | $1,150 |
Farmers | $1,173 |
Allstate | $1,264 |
Nationwide | $1,296 |
Country Financial | $1,631 |
AAA | $1,973 |
Cheapest homeowners insurance in Henderson if you have a history of claims
Claims history is one of the biggest factors that insurance companies use when calculating your home insurance premiums. If you have multiple claims on your record, your insurer will likely view you as a risk for filing future claims and may charge you higher rates as a result.
Here's the cheapest home insurance companies in Henderson for a homeowner with three claims within a five-year period on their record.
Company | Average annual cost |
|---|---|
State Farm | $1,210 |
Universal Group | $1,376 |
USAA | $1,534 |
Auto-Owners Insurance | $1,552 |
American Family | $1,798 |
Allstate | $2,155 |
Farmers | $2,175 |
Country Financial | $2,445 |
Nationwide | $2,544 |
AAA | $5,626 |
How to get homeowners insurance quotes in Henderson
There are many affordable options to choose from when shopping for home insurance in Henderson. A Policygenius agent can help you on your way to finding the right company, and policy, to suit your needs. Here are some steps to help you get started:
Frequently asked questions
What is the average cost of homeowners insurance in Nevada?
The average cost of homeowners insurance in Nevada is $1,239. The average rate in Henderson is slightly more at $1,272 per year.
Is homeowners insurance required in Nevada?
While homeowners insurance is not legally mandated in Nevada, most mortgage lenders will require it as a condition of your loan.
What happens if you underinsure your house?
Not having enough home insurance could mean costly out of pocket rebuild or repair bills in the event of a catastrophic storm.
How much should my house be insured?
Your dwelling coverage limit should be equal to your home’s replacement cost to make sure you have enough home insurance to rebuild your house after a covered loss.
